877.9.CalHFA (877.922.5432) The fees you pay could be different depending on the lender and the program. The California Housing Finance Agency (CalHFA) MyHome Assistance Program provides down payment help for eligible buyers. Orange County Mortgage Assistance Program (MAP) | Orange County, CA Orange County Mortgage Assistance Program (MAP) This program provides a $40,000 silent (deferred payment) downpayment … Program Highlights (1) Financial assistance up to 5%, to use for down payment … CalHFA borrowers must complete homebuyer education counseling and obtain a certificate of completion through an eligible homebuyer counseling organization. Budgetary … How do I apply for this loan program? © 2020 CALIFORNIA HOUSING FINANCE AGENCY |, View sample Annual Percentage Rates (APRs) here, Veterans Housing and Homelessness Prevention Program (VHHP), Be a first-time homebuyer. Call now or complete the secure form to see how much down payment assistance you can get. Down Payment Assistance is available in the State of California through local bond programs, national assistance programs and the State Housing Finance Agency (CalHFA). 1400 We recommend that you check with a CalHFA-approved loan officer to receive an accurate rate quote for this program. No state is better served than California when it comes to down payment assistance. CalHFA does not lend money directly to consumers. Up to $75,000 toward your down payment. What documents should I have ready when contacting a loan officer? Statewide and Regional Programs California Housing Finance Agency (CalHFA) - homebuyer programs, including downpayment and closing cost assistance, and foreclosure prevention resources CalVet … Who has to take this Homebuyer Education and Counseling course? Federal, State, and Local Housing Finance Agencies, Non Profits, Lenders, Community Action Programs, and various other institutions serving California home buyers. Down Payment Assistance Program The money you put "down" or the down payment on your home loan can be one of the largest hurdles for many first-time homebuyers. × License Renewal. How Much Can You Get? 500 Capitol Mall, Ste. California home buyers can get down payment assistance to cover your down payment and closing costs from a variety of sources nationwide. Each program and participating lender may have different credit score requirements, income levels, etc. USDA, Conventional: MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3% of the purchase price or appraised value to assist with down payment and/or closing costs, with a cap … California’s Golden State Finance Authority (GSFA) created the Platinum Program, which provides low-to-moderate income California homebuyers with down payment and/or closing cost assistance to help … 3% simple interest with payments deferred for 30 years. Give us a call now or complete the secure online form to see how much down payment money you can get. When initially contacting a loan officer, you may want to have this list of documents and information available to help answer questions that they will ask you: Video: The Viramontes family finds a home, with the help of a great team. Review the sections below to find out more about the MyHome program. Down Payment Assistance products offered in California include, CalHFA, GSFA Platinum, Santa Cruz County Association of Realtors Housing Foundation (SCCARHF) Closing Costs Assistance Grant … What is the interest rate? USDA, Conventional: MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3% of the purchase price or appraised value to assist with down payment and/or closing costs, with a cap of $10,000. Am I eligible to apply for this program? ONLINE: eHome's eight-hour Homebuyer Education and Counseling course is the only online course accepted by CalHFA. 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